Stock Analysis

G City Third Quarter 2024 Earnings: ₪0.72 loss per share (vs ₪1.93 loss in 3Q 2023)

TASE:GCT
Source: Shutterstock

G City (TLV:GCT) Third Quarter 2024 Results

Key Financial Results

  • Revenue: ₪643.0m (up 7.7% from 3Q 2023).
  • Net loss: ₪131.0m (loss narrowed by 62% from 3Q 2023).
  • ₪0.72 loss per share (improved from ₪1.93 loss in 3Q 2023).
earnings-and-revenue-history
TASE:GCT Earnings and Revenue History November 22nd 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

G City shares are up 7.0% from a week ago.

Risk Analysis

It is worth noting though that we have found 3 warning signs for G City (1 is a bit concerning!) that you need to take into consideration.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.